THE RESET: Fiscal cliff politics a risky game

UPDATED 17:03 PM EST, November 15, 2012

Democrats and Republicans seem determined to skate perilously close to the edge of the year-end "fiscal cliff." They're sticking to their guns for now while offering just enough wiggle room to hint at a last-minute compromise.

It's just a matter of who blinks first.

Both sides have aggressively laid down opening demands for budget talks that begin Friday at the White House.

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